1223 Mangrove Ave Chico, CA 95926
- Investment properties
- 2,826 SF
Current Use by Public Records
- Great Harvest Bread / Caterer / Bakery
Property Details for 1223 Mangrove Ave
- Year built
- 1978
- Property size
- 2,826 SF
- Property type
- Investment properties
Description
This exceptional business opportunity encompasses three thriving Great Harvest Bread Co. bakeries in Chico, CA, a vibrant college town. The flagship location at 1223 Mangrove Avenue boasts 2,826 square feet and features an open layout showcasing the bread-making process, creating a unique and engaging customer experience. This location, along with the Forest Avenue and Esplanade locations (details available in separate listings SN24050709 & SN24050714), are all included in this package deal. Established in 1998, these bakeries have built a loyal customer base, maintaining steady sales even amidst recent economic challenges. Each location is fully equipped with all necessary baking tools and equipment. Beyond freshly baked bread and cafГ© fare, the business offers catering services, gift baskets, and retail items. The current marketing efforts are minimal, presenting a significant opportunity for growth through increased exposure at local markets and events. Operating under a freedom franchise model with Great Harvest, the business offers support while maintaining autonomy in business decisions. This is a rare chance to acquire a well-established, multi-location bakery business in a desirable market, offering immediate income and substantial growth potential. The asking price for all three locations is $495,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chico
- County
- Butte
- State
- California
- Longitude
- -121.839
- Latitude
- 39.7426
